
Bursary
Need-Based Aid
A bursary is often need-based, meaning it's given due to the student's financial situation.

He was granted a bursary after proving his financial struggles.
Education Specific
A bursary is specific to educational support and can cover tuition, books, or living expenses.

Her bursary covered not just tuition, but also her textbooks.
Not a Loan
Unlike a loan, a bursary doesn't need to be repaid; it's a form of financial gift.

The best part about a bursary is you won't have to pay it back after graduation.
Compare with
AssistanceAwardEndowFellowshipGrantScholarshipStipendSubsidy
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